BOSTON--(BUSINESS WIRE)--Buildium, the real estate industry’s leading property and association management solution, today announced it ranked #364 on Deloitte’s Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences, and energy tech companies in North America. Buildium grew 218% from 2014 to 2017, and this marks the fourth consecutive year it has been named to this prestigious list. Only 67 companies on the 2018 Deloitte Technology Fast 500™ list have been on the list 4 times or more.
Buildium’s CEO, Chris Litster, credits Buildium’s focus on its customers and employees for the company’s rapid revenue growth. He said, “I continue to be amazed at what this company and its customers can do. As a business, our focus is simple: humans first, then everything else. We know that when we try to be the best people we can be, build the best product we can for our customers, and follow the highest business standards, then everything else will follow.”
The majority of winners on the 2018 Deloitte Technology Fast 500™—64%—are in the software industry, and many are leaders in their respective niches. Buildium is one of the few property management software companies that made the list, and by its ranking, is the fastest growing in its industry. It also ranked as one of the fastest growing software companies overall in Massachusetts.
Litster continues, “We are so proud to be the fastest growing property management software provider in North America; this is a reflection of the growing industry and rapid evolution of real estate technology, as well as the hard work of our team and customers.”
“Software, which accounts for nearly two of every three companies on the list, continues to produce some of the most exciting technologies of the 21st century, including innovations in artificial intelligence, predictive analytics and robotics,” said Mohana Dissanayake, partner, Deloitte & Touche LLP, and Industry Leader for technology, media and telecommunications, within Deloitte’s audit and assurance practice. “This year’s ranking demonstrates what is likely a national phenomenon, where many companies from all parts of America are transforming the way we do business by combining breakthrough research and development, entrepreneurship and rapid growth.”
To learn why more than 15,000 property managers rely on Buildium to power and scale their businesses, please visit www.buildium.com.
About Deloitte’s 2018 Technology Fast 500™
Deloitte’s Technology Fast 500 provides a ranking of the fastest growing technology, media, telecommunications, life sciences and energy tech companies — both public and private — in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2014 to 2017.
In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company's operating revenues. Companies must have base-year operating revenues of at least $50,000 USD, and current-year operating revenues of at least $5 million USD. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.
About Deloitte
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as “Deloitte Global”) does not provide services to clients. In the United States, Deloitte refers to one or more of the US member firms of DTTL, their related entities that operate using the “Deloitte” name in the United States and their respective affiliates. Certain services may not be available to attest clients under the rules and regulations of public accounting. Please see www.deloitte.com/about to learn more about our global network of member firms.
About Buildium
Buildium is the only property management solution that helps real estate professionals win new business from property owners and community associations seeking services. Backed by expert advice and relentless support, Buildium enables you to outperform across all facets of your business with intuitive software that balances power, simplicity, and ease of use. Buildium services over 15,000 customers in 46 countries, totaling over one million residential units under management. In 2015, Buildium acquired All Property Management, a leading online marketing service for property managers, making Buildium the only company to give property managers a way to acquire new customers and increase revenue. For more information, visit www.buildium.com, and connect with us on Twitter, LinkedIn, and Facebook.
